GUANGZHOU, China — For those who discuss chipmaking, two firms often spring to thoughts — Taiwan’s TSMC and South Korea’s Samsung Electronics. The 2 Asian corporations mixed management greater than 70% of the semiconductor manufacturing market. The U.S., which was as soon as a pacesetter, lags behind on this house after monumental shifts within the

Hapag-Lloyd has ordered 150,000 twenty-foot equivalent units (TEUs) in an effort to combat slow turn times. The cost — about $550 million — represents one of the German ocean carrier’s largest container orders ever. Import surges at U.S. ports, labor shortages caused by COVID-19 outbreaks and severe port congestion, particularly on the West Coast, all

The Ever Given, the massive container ship that became wedged in the Suez Canal and cut off traffic in the vital waterway for almost a week, has been refloated, authorities said Monday. The ship is currently on its way to Great Bitter Lake, according to Leth Agencies, which is a transit agent at the Suez

The prolonged shortage of shipping containers in China is showing signs of easing, according to Container xChange. The company’s Container Availability Index (CAx) across China’s main ports rose by 56% compared to before Chinese New Year. For Shanghai, CAx rose by 64% and 112%, respectively for 20-foot and 40-foot containers from before Chinese New Year

The cold snap that gripped the United States in February not only caused chaos in Texas and the southwest, it also triggered a shortage in plastics that has disrupted a supply chain already under strain from a lack of microchips and growing congestion at ports as a result of the coronavirus pandemic. So factories have

Dachser’s US subsidiary, Dachser USA, has announced a new less than container load (LCL) service, which will offer direct ocean freight from China to the US, giving the company’s customers a solution to the congestion in Southern California. The new LCL service will provide two routes, one from the Port of Yantian/Shenzhen to the Port

Mediterranean Shipping Company (MSC) has announced the launch of a new weekly service, the Palmetto, from Asia to the US East Coast. The new service will be calling Vietnam and Yantian with direct connections, and, the company claims, the best-in class transit times to the US South Atlantic ports of Savannah and Charleston, as well

Denmark-based Maersk Line has announced that it intends to add a new Transpacific service rather than continue with ad hoc sailings and extra loaders in the trade as congestion look to extend well into 2021. The new service will be called the TP23 and will call at East Coast ports thereby reducing the congestion on

Large forwarders are driving environmental change in air freight, with more carbon-neutral flights available to shippers with deep pockets. On March 9, Kuehne + Nagel announced an agreement with American Airlines (AA) to use more than 11 million litres of sustainable aviation fuel (SAF) to enable its customers to enjoy carbon-neutral flights. The amount is

A major port and landside congestion at US west coast ports could last until the summer peak season, according to ocean carriers attending the JOC’s virtual TPM21 conference this week. Ocean Network Express (ONE) CEO Jeremy Nixon and Hapag-Lloyd CEO Rolf Habben Jansen both warned of a “difficult” period leading up to the start of